Underwriter/Senior Underwriter, Private & Not-For-Profit Management Liability- Financial Lines

Chubb Insurance Hong Kong; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading global insurance provider in Toronto is seeking an Underwriter/Senior Underwriter to manage and grow a Private and Not-for-Profit Management Liability book of business. The role involves identifying new business sources, conducting underwriting analysis, and establishing strong relationships with brokers. Ideal candidates will possess 1-3 years of relevant underwriting experience and demonstrate strong analytical and negotiation skills. Bilingualism is advantageous. This position is full-time in the dynamic Financial Lines department.

Qualifications

• 1-3 years of underwriting experience in Management Liability insurance required.
• Bilingualism in French and English is an asset.
• Ability to work independently as well as in a team environment.

Responsibilities

• Identify and develop sources of new business by actively marketing products.
• Conduct in-depth underwriting analysis and determine risk specific action.
• Establish and maintain strong relationships with brokers and insureds.

Skills

Customer service orientation

Negotiation skills

Analytical skills

Market strategy development

Education

University level curriculum or equivalent work experience

Job description

Underwriter/Senior Underwriter, Private & Not-For-Profit Management Liability- Financial Lines

Toronto, ON, Canada

Job Description

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

KEY OBJECTIVE:
As a key member of the Financial Lines underwriting department, you will have the role of managing and growing a Private and Not-for-profit Management Liability book of business. As such, you will play a critical role in the growth and profitability initiatives for this specialty department.

MAJOR RESPONSIBILITIES:

• Identifying, analyzing and developing sources of new business by actively marketing Chubb products;
• Market Focus, Strategy & Execution – develops new business opportunities and provides customized approaches on market conditions and broker needs, works closely with leadership on the development and execution of marketing strategy;
• Risk selection, coverage negotiation and pricing adequacy;
• Conduct in-depth underwriting analysis and determine best course of action on a risk specific basis;
• Working collaboratively with a centralized underwriting team on the retention of renewals and upselling on existing renewal book;
• Cross selling with Commercial field underwriters and Financial Lines underwriters;
• Establish and maintain strong relationships with a variety of brokers and insureds in the Central region, including educating brokers on Private and Not-for-Profit Management Liability segment;
• Participating in self development activities to improve or further develop technical product knowledge.
  

Qualifications

• Successful completion of a university level curriculum and/or equivalent work experience;
• Bilingualism in French and English is an asset;
• 1-3 years of underwriting experience in Management Liability insurance required;
• Previous experience in marketing or customer development;
• Demonstrated track record of customer service orientation and proven ability to foster strong business relationships;
• Proven negotiation skills, gained through established broker relationships;
• Demonstrated analytical skills with a comfort in financial analysis;
• Ability to be innovative and creative in order to develop new opportunities;
• Ability to work independently as well as in a team environment;
• Results oriented, accountable and collaborative.

At Chubb we are committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job-related qualifications and ability to perform a job. If you require an accommodation during the hiring process or upon hire, please inform Human Resources. If a selected applicant requests accommodation during the recruitment process, Chubb will consult with the applicant in order to provide suitable accommodation that takes into account the applicant’s accessibility needs.

Job Info

• Job Identification 27836
• Job Schedule Full time
• Regular or Temporary Regular
• Business Unit Canada
• Legal Employer Chubb Insurance Company of Canada